INVICTUS GLOBAL SECURITY
Open bankruptcyA bankruptcy procedure is open for INVICTUS GLOBAL SECURITY according to publications in the Belgian State Gazette; curator: ALEXANDRE SAUSSEZ. The 2025 annual accounts show negative equity (€-29k) and a net result of €-14k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
1 d early
2023
28 d late
2022
5 d early
2021
25 d late
2020
19 d late
2019
80 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€85k▼ 62.7%
2024 · €226k
2018: €31k
2019: €66k
2020: €133k
2022: €426k
2023: €766k
2024: €226k
2018 → 2025
EBIT margin
-14.5%▲ 4.7pp
2024 · -19.2%
2018: 64.6%
2019: 8.5%
2020: 14.0%
2022: 0.1%
2023: 7.0%
2024: -19.2%
2018 → 2025
Net result
€-14k▲ 68.9%
2024 · €-46k
2018: €20k
2019: €5k
2020: €17k
2021: €50k
2022: €-1k
2023: €39k
2024: €-46k
2018 → 2025
Working capital
€-28k▼ 765%
2024 · €-3k
2018: €-13k
2019: €-9k
2020: €8k
2021: €13k
2022: €49k
2023: €54k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€426k€766k▲ 79.7%€226k▼ 70.4%€85k▼ 62.7%
Equity€19k-€18k▼ 5.6%€31k▲ 75.4%€-15k€-29k▼ 97.4%
Operating result€61k-€494▼ 99.2%€54k▲ 10,765%€-43k€-12k▲ 71.8%
Net result€50k-€-1k€39k€-46k€-14k▲ 68.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €43k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€3k▼ 29.5%
Current assets
€25k▼ 50.2%
Key figures and ratios
EBITDA
€-11k▲
2024 · €-42k
Cash flow
€-13k▲
2024 · €-45k
Solvency
-103.8%▼
2024 · -27.1%
Current ratio
0.47▼
2024 · 0.94
Quick ratio
0.47▼
2024 · 0.94
Debt / equity
-1.96▲
2024 · -4.69
ROA
-51.2%▲
2024 · -84.9%
Interest coverage
-4.48▲
2024 · -12.34
Debt
€57k▼
2024 · €69k
Debt ≤ 1 year
€53k▼
2024 · €53k
Debt > 1 year
€5k▼
2024 · €16k
Staff costs
€6k▼
2024 · €83k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€54k€28k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€560€475▼
Financial fixed assets28€2k€2k=
Current assets29/58€50k€25k▼
Amounts receivable within one year40/41€35k€9k▼
Trade receivables40€31k€9k▼
Other amounts receivable41€4k-
Cash at bank and in hand54/58€15k€16k▲
Equity and liabilities
Total equity and liabilities10/49€54k€28k▼
Equity10/15€-15k€-29k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-33k€-48k▼
Amounts payable17/49€69k€57k▼
Amounts payable after more than one year17€16k€5k▼
Financial debts170/4€16k€5k▼
Amounts payable within one year42/48€53k€53k▼
Current portion of amounts payable after more than one year42€10k€13k▲
Trade debts44€18k€12k▼
Suppliers440/4€18k€12k▼
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€12k€7k▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€8k€20k▲
Income statement
Code20242025
Turnover70€226k€85k▼
Non-recurring operating income76A-€6k
Goods, raw materials, services and sundry goods60/61€186k€94k▼
Remuneration, social security and pensions62€83k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€43k€-2k▼
Operating profit (loss)9901€-43k€-12k▲
Financial income75/76B€488€284▼
Recurring financial income75€488€284▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-46k€-14k▲
Income taxes67/77€-187-
Profit (loss) for the period9904€-46k€-14k▲
Profit (loss) for the period to be appropriated9905€-46k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-48k▼
Profit (loss) brought forward from the previous period14P€13k€-33k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
21-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL INVICTUS GLOBAL SECURITY AVENUE DES CITRINELLES 49, 1160 AUDERGHEM · event 12-08-2026
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-46k ▼220%
Net result drops to €-46k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €50k ▲186%
Operating result €61k, net result €50k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 1.24
Current ratio from 0.32 to 1.24.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geelvinkenlaan 491160 OudergemGround area
509 m²
Building footprint
124 m²
Volume, LiDAR
1,154 m³
Parcel 21332B0488/00Y003, Brussels · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Geelvinkenlaan 49, 1160 Oudergem
since 20132.219.110.669
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0488/00Y003 | Brussels | 509 m² | 1 · 124 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE SAUSSEZ LEUVENSESTEENWEG 369,
1932 SINT-STEVENS-WOLUWE |
12-08-2026 → present |
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Of 700 companies in sector 80010 we hold annual accounts for 349. 233 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2013
Fiscal year end31-12
Abbreviation FR
IGS PROTECT
Activities, NACEBEL
80010Investigation and private security services
80100Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.igsprotect.be